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127: Grayscale vs. SEC, Instacart & Klaviyo IPOs, How Stock Exchanges Work, TikTok’s Spotify Competitor

Not Investment Advice

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The Profitable Business and its Valuation

The chapter discusses a business that has turned profitable despite initially facing challenges. The speakers talk about the possibility of the business going public and speculate on its valuation. They mention the new CEO, who used to run a popular Facebook app and discuss the advertising model of the business. They also mention the founder of the business and share an interesting story about how he got into Y Combinator.

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